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neil: no, i think we have discussed this elections and i know we set againstaising taxes but,f that is the consequence of election for a presidt w campaigned hikin on the back of the rich, i don't like it but, to fold. >> this is a hypocrisy level, thee say this is the right thing too, but who gets crushed on the higher taxes? small businesses. i don't care what anyone said, presidentaid that 97% o small businesses do not get hit by this, that is if youount the guy int mows your lawn all by himself, and consultants, but those who are hiring -- >> i don blame the presint at all,o ram it down the people's throat. >> we need though -- -- >> myear is that wall stree acquiesce it kws we'll have far reaching problem. >>of course, like money managers all of a sudden, they e the king, they are self preservation is sad. neil: what are they afraid of? >> they want to keep their money, they want to be the mack daddy. we neehe cut and flash s.w.a.t. team,,cutting across the board. >> that is an interesting question, what are they afraid of. theresident has a good hand th do not believe- >> a good
neil: no, i think we have discussed this elections and i know we set againstaising taxes but,f that is the consequence of election for a presidt w campaigned hikin on the back of the rich, i don't like it but, to fold. >> this is a hypocrisy level, thee say this is the right thing too, but who gets crushed on the higher taxes? small businesses. i don't care what anyone said, presidentaid that 97% o small businesses do not get hit by this, that is if youount the guy int mows your lawn all...
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this has not been the greatest recovery from an election defeat. surely he needs time to lick his wounds. there might be a better way to do it. he did get to see twilight, so i guess he's enjoying himself. >> i want to spare talking about dana's column with dana, but if it were at the apex of his public attention spectrum and he could do a number of things, a number of effective contributions but the first thing he does is rejoin a board. how long will it be before he claims back those tax deductions he çself-willingly rescinded t his tax rate would go up to 14% instead of the 9% it would have been at? how long do you think? >> could be this tax year, no knows. it's clear governor romney has written off politics. otherwise why would he make the gifts comment unless maybe he's in deep denial of what happened. but it's clear, his time as leader of the republican party is done, is over. again, the polls were barely closed on election night before the party was already moving beyond him. a columnist at new york magazine who wrote that there are no ro
this has not been the greatest recovery from an election defeat. surely he needs time to lick his wounds. there might be a better way to do it. he did get to see twilight, so i guess he's enjoying himself. >> i want to spare talking about dana's column with dana, but if it were at the apex of his public attention spectrum and he could do a number of things, a number of effective contributions but the first thing he does is rejoin a board. how long will it be before he claims back those...
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march and at the same time, we decided it was a good time and i will tell you again why, because of tax elections that we accelerated or prepaid eight set the dividend that would have been due for all of 2013 and 2014. we prepaid to q4 of 2012. we estimate that those other eight dividends that would be due in 2012, 2013, 2014 would be about a dollar. we will prepaid this year. the motivation for that was very clear. we have always believed in sharing our success with our shareholders. we have been giving dividends since 2003. liz: let's explain what you do for people that do not know. you make our code readers, you have vision sensors. you are pushing forward about $4300 to shareholders. do you worry, bob, that there is a deal that has eventually struck before december 301 and that you are stuck for two years without dividends are what you then start paying more dividends? >> i would not see it as being stock. [talking over each other] >> they would rather have cash now. let us say that the tax rate does not change, nobody is going to complain about getting their dividend $1.112 years earlier tha
march and at the same time, we decided it was a good time and i will tell you again why, because of tax elections that we accelerated or prepaid eight set the dividend that would have been due for all of 2013 and 2014. we prepaid to q4 of 2012. we estimate that those other eight dividends that would be due in 2012, 2013, 2014 would be about a dollar. we will prepaid this year. the motivation for that was very clear. we have always believed in sharing our success with our shareholders. we have...
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she helped raise hundreds of thousands of dollars for his re-election. so what might happen when high fashion meets high-wire diplomacy? abc's david wright. >> reporter: she's a woman renowned for exquisite taste and withering looks. the inspiration for meryl streep's character in "the devil wears prada." >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> reporter: a portrayal anna wintour may not have enjoyed, but she told barbara walters she respected it. >> did you recognize any part of yourself? >> well, i'm a very decisive person, so if meryl seemed somewhat strong, i respect that. >> reporter: she is the single most powerful woman in the fashion industry. her influence felt not just on the runway but in the shopping malls too. as the documentary "the september issue" revealed, the editor of "vogue" doesn't mince words. >> i feel it's quite one-dimensional. >> reporter: she raised millions for the president's re-election. >> so please join us. but just don't be late. >> reporter: a
she helped raise hundreds of thousands of dollars for his re-election. so what might happen when high fashion meets high-wire diplomacy? abc's david wright. >> reporter: she's a woman renowned for exquisite taste and withering looks. the inspiration for meryl streep's character in "the devil wears prada." >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> reporter: a portrayal anna...
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he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax rates. will you defend that? >> well, i think he has the upper hand in the sense that seen, americans say they support raising taxes on the wealthy, so i think he feels that he has a mandate on that issue. look, i feel if the republicans are willing to make up that revenue another way, he should be open to that. i don't think it has to come from raising taxes. it could come -- stuart: the republicans have put forward a plan to raise 800 billion dollars over ten years. >> right. stuart: that's not by raising rates. that's by restricting de
he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax...
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are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are rumors that michigan can become the 24th rights work state in the nation. he gives workers the ability to choose whether or not to pay a union and without rights or protections, they can actually get the worker fired in a union if they choose not to gerri: i understand there are some five groups of unions to protest what you're trying to do. what you make of that? >> they are protesting what they think may be an imminent right to work bill introduced in michigan's capital in lansing. gerri: lets get what we always talk about on the show. that is the
are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with...
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some republicans looking to overhaul immigration after getting pummeled in the presidential election including a new gop superpack that hopes to give conservative donors a better return on their millions. joining me congressman luis gutierrez, democrat from illinois and member of the congressional hispanic caucus. always good to see you. >> thanks, chris, good morning. >> president obama won 71% of the latino vote we heard romney campaign manager saying he regretted running hard to the right in the primary. the opposing view is the gop's latino problem isn't based on immigration issues. there's a pew exit poll of hispanic voters taken in november found immigration isn't in the top four issues. is too much made a political issue how important it is to the political community? >> number one, if you ask latinos what is the most important thing, my job, the economy, educating my children, crime. before the latino audiences, political audiences will listen to you as a candidate. you first cannot be mean, nasty, spirited towards immigrants. if you are they simply shut you off. so i think t
some republicans looking to overhaul immigration after getting pummeled in the presidential election including a new gop superpack that hopes to give conservative donors a better return on their millions. joining me congressman luis gutierrez, democrat from illinois and member of the congressional hispanic caucus. always good to see you. >> thanks, chris, good morning. >> president obama won 71% of the latino vote we heard romney campaign manager saying he regretted running hard to...
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after the election, which his party lost, he's now offering post-election this much new revenue. so his offer since losing the election got worse. that new offer came in a new outline of proposals that the republicans sent to the president in a letter yesterday. it's a plan that they describe in their letter as "a fair middle ground." here's what they consider a fair middle ground. we did this in chart form today. because it turns out it's really simple. and looking at it this way makes it simple. here's what they are offering. on the side of what the republicans get, the republicans get the tax rates they want, the medicare cuts they want, the trillion dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind a
after the election, which his party lost, he's now offering post-election this much new revenue. so his offer since losing the election got worse. that new offer came in a new outline of proposals that the republicans sent to the president in a letter yesterday. it's a plan that they describe in their letter as "a fair middle ground." here's what they consider a fair middle ground. we did this in chart form today. because it turns out it's really simple. and looking at it this way...
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came with the election. currently my newsletter on november 19 went positive on the market, but i still think next year will be quite a rough year. liz: 20% haircut, that is rough, what would be the catalyst for that? >> lower earnings would be the culprit. liz: your cautious move into 2013, yet you're ready to put money to work. what areas should investors be looking at to dodge any kind of real danger in their portfolio? >> you talk about apple earlier in the segment. what is happening in the broader consumer space, what has been happening for the last several weeks is moving forward into 2013, a theme we have told clients about, this is rotation away from the consumer space and into some of the other sectors that have been lagging not only for the last few months but the last one or two years. apple really isn't the only culprit, although i know it moves a large percentage of the market. liz: home-building and financials. we had a pretty graphic if we can put up so people can get a sense, why those three?
came with the election. currently my newsletter on november 19 went positive on the market, but i still think next year will be quite a rough year. liz: 20% haircut, that is rough, what would be the catalyst for that? >> lower earnings would be the culprit. liz: your cautious move into 2013, yet you're ready to put money to work. what areas should investors be looking at to dodge any kind of real danger in their portfolio? >> you talk about apple earlier in the segment. what is...
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i was re-elected. the american people understand that we have a serious fiscal challenge in our country. we want to meet obligations to the seniors. we have work to do. we have committed to spending cuts. we need the republicans to commit to some revenue while protecting and strengthening the middle class. protect the tax cuts of the middle class and expand opportunity for success in the country, that we really work toward economic growth the right way and a partner. it's got to be spending cuts and revenue. >> what do you feel about this proposal, if you will, that's been floated out by some to deal with the tax cuts now and deal with the other issues of medicare and i bring0u$ medicae because you have concerns about co-pay and other issues that could affect a number of people, not just in your state but of course we know throughout. >> there are a number of issues facing us. i think it's very important to extend the middle class tax cuts and it's great if it's true but we haven't heard speaker boehn
i was re-elected. the american people understand that we have a serious fiscal challenge in our country. we want to meet obligations to the seniors. we have work to do. we have committed to spending cuts. we need the republicans to commit to some revenue while protecting and strengthening the middle class. protect the tax cuts of the middle class and expand opportunity for success in the country, that we really work toward economic growth the right way and a partner. it's got to be spending...
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that was before the election. and i just holding the ground is going to be important, no question about that. i get a sense the democrats are unified. but going over the cliff, that affects the constituents big time. correct? >> how do you hold that together? >> there's unanimity that july 25th, we passed tax cuts for the 98% to continue this tax policy that they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep say iing no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect elizabeth warren, a champion of financial reform, will get a spot on the banking committee. >>> and senator john mccain hints he might favor filibuster reform. debbie stabenow is here o
that was before the election. and i just holding the ground is going to be important, no question about that. i get a sense the democrats are unified. but going over the cliff, that affects the constituents big time. correct? >> how do you hold that together? >> there's unanimity that july 25th, we passed tax cuts for the 98% to continue this tax policy that they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do...
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we had an election, thomas, where americans had a clear choice and they chose and we need to make sure that we think a balanced approach that is fair, that doesn't throw the middle class under the bus and that works mathematically. so far what we've seen from republicans in the house does not work in terms of reducing the deficit. >> congresswoman, we are watching the president on our screen at the business roundtable. there was an issue with the poll microphone for the president's address so they've handed him a different microphone, the leaders inside this room can hear exactly what the president is saying but his audio is too low for us to be able to share it with everybody. we're still working on that. when we see and hear about the fact this two-step plan getting something done for the middle class by the end of the year, does this set up the scenario we live in a perpetual state of fiscal cliff loopness, this is the same old dog and pony show every six months to a year fighting over the same things and not big, bold leadership? >> i hope not, certainly if it's not left up to pres
we had an election, thomas, where americans had a clear choice and they chose and we need to make sure that we think a balanced approach that is fair, that doesn't throw the middle class under the bus and that works mathematically. so far what we've seen from republicans in the house does not work in terms of reducing the deficit. >> congresswoman, we are watching the president on our screen at the business roundtable. there was an issue with the poll microphone for the president's...
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obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really getting better in the economy is food stamp use. food stamps are up to a record level. november showed 46 million people on food stamps. if things are getting better, how does that keep going up? >>guest: exactly. if you remember back during the campaign, obama was going around bragging saying, i saved detroit with the bailout. really? you saved detroit? is that why detroit is coming begging right now for money? it is insane. he is completely out of touch and he doesn't realize what this economy is like right now for every day folks. >>eric: thank you, michelle. >> there is supposed to
obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really...
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imagine the first democratically elected president it egypt, who happened tt be muslim brotherhood and forced out that demonstrated against him are more liberal. middle society, women, labor and minorities. that is indicative morsi is not representative of the consensus that we thought he would represent and that is the crisis that will be on for a long period of time. melissa: as we watch all these pictures go by and we know how some people feel about the west and america and especially morsi, we considered the idea we're sending $1.6 billion in aid to egypt every year. now europe is calling on the u.s. to stop that. what do you think about that? what is our best move at this point? >> well, let's remember that those 1.6 more or less billion dollars that we've been sending to the egyptian government, to mubarak for last 30 years or so, were sent for egypt to protect the peace with israel. to make sure the suez canal is always open for international trade and maintain security and friendship with the united states. now that morsi and the muslim brotherhood and salafists allies have for
imagine the first democratically elected president it egypt, who happened tt be muslim brotherhood and forced out that demonstrated against him are more liberal. middle society, women, labor and minorities. that is indicative morsi is not representative of the consensus that we thought he would represent and that is the crisis that will be on for a long period of time. melissa: as we watch all these pictures go by and we know how some people feel about the west and america and especially morsi,...
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i just frac fragilely frankly t. >> the election was four weeks ago from tonight. it's four weeks from now in the future that we're over the cliff, and i see no movement by the president. the offer that tim geithner brought was an awful one. he just wants a new credit card without a limit. the senate hasn't passed a bucket in almost four years. >> if we hit the debt ceiling at the end of the month, it will go into effect about february because there's some money games we can do to pay our debt until then, to manage to get by. in february when we're totally out of money and all the americans who filed for their tax returns wanting their money, they want their refund and we don't have any cash, we'll see how happy the american people are. >> the american people are right to be very concerned. >> engaged. >> maybe good at campaigning, but he's not very good at leading. >> thank you, senator. >>> coming up, there's very disturbing news tonight out of egypt. we'll have the latest and ambassador john bolton is here. they say no good deed goes unpunished. one worker learn
i just frac fragilely frankly t. >> the election was four weeks ago from tonight. it's four weeks from now in the future that we're over the cliff, and i see no movement by the president. the offer that tim geithner brought was an awful one. he just wants a new credit card without a limit. the senate hasn't passed a bucket in almost four years. >> if we hit the debt ceiling at the end of the month, it will go into effect about february because there's some money games we can do to...
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and it also means that elections have consequences. now it's time for "the last word" with lawrence o'donnell. >>> tonight, jay carney's position in the white house secretary hall of fame is assured by what he said today in the white house press briefing room about the republicans' latest budget proposal. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that
and it also means that elections have consequences. now it's time for "the last word" with lawrence o'donnell. >>> tonight, jay carney's position in the white house secretary hall of fame is assured by what he said today in the white house press briefing room about the republicans' latest budget proposal. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal...
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back a little over a year, in the original elections islamist parties, the groups which are even more ravaged than the brotherhood is have one but margins of about 4-1. cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share? >> the muslim brotherhood and islamist mass movement it represents art you revocable he opposed to the west and the united states. the justice department prove in court a couple of years back the brotherhood says its missio misn the united states is to eliminate and destroy western civilization. it makes the world much more dangerous for the united states. cheryl: why doesn't the united states cut off the funding? that is the simplest thing. speak to my sense is the reason i don't if they will have no leverage in the equation if they cut the funding off, that is because we're dealing with people in the uni
back a little over a year, in the original elections islamist parties, the groups which are even more ravaged than the brotherhood is have one but margins of about 4-1. cheryl: wa it was not like a hue referendum and they came into power in june. >> morsi, sylvi some of the islt split. they split in the last minute when the candidate got pushed aside and he did not run against a secular democrat. cheryl: what does this mean for the united states and israel and the border they share?...
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history and all elected to a second term. but it couldn't save them from the dreaded second term curse. it dated back to 1936 when president roosevelt won 46 out of 48 states. he used those results in an attempt to shake up the supreme court and that tarnished his reputation. fast forward to 1984. president reagan's economic recovery turned 49 of the 50 states red. the inran contraservice surface americans didn't like being kept in the dark . then the scandal impossible to forget. >> i want you to listen to me. i will say it again. i did not have sexual relations with that woman: >> gretchen: nick is a presidential historian and author of the book presidential leadership. decisions that changed the nation and he's my guest this morning. >> morning, gretchen. >> gretchen: looking back in history president obama is now reelected to the second term. what do we suspect about the curse. >> it is an interesting topic it is difficult . going all the way back to wilson and league of nation . fdr and truman got run out of office . the
history and all elected to a second term. but it couldn't save them from the dreaded second term curse. it dated back to 1936 when president roosevelt won 46 out of 48 states. he used those results in an attempt to shake up the supreme court and that tarnished his reputation. fast forward to 1984. president reagan's economic recovery turned 49 of the 50 states red. the inran contraservice surface americans didn't like being kept in the dark . then the scandal impossible to forget. >> i...